EURUSD LONG entry point FRIDAYGold is not giving any proper merk, waiting for clear move on it. I am focused on for that dollar is not showing any action. Key level to bye 1642, 1636 with 20pips SL only on confirmaton on small timeframe. TP is 1656-64.
This analysis is on EURUSD, yesterday's decision made euro come down, and it is still in strong downtrend, but I want one confirmation for that eurusd should move up, you can catch this trade now or on second entry.
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EURUSD Technical Analysis
Welcome back Traders, Investors, and Community!
Here on EURUSD the price has formed a Reverse Head & Shoulders, which is suggesting the bullish trend if it breaks out of the Neckline and shows us a potential entry after the breakout. However the price might go lower to 1.1868 for the Pullback before it goes up.
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💡Don't miss the great buy opportunity in EURUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2205).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1.2240
TP2= @ 1.2250
TP3= @ 1.2265
TP4= @ 1.2285
TP5= @ 1.2350
SL= Break below S2
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Classic EUR/USD moving with Traditional Dance(May 31)Thrilling Pairs
Price Action is Decreasing its Pace towards the next Milestone.
But Price Action is Enormously loaded with Weapons to Shoot the Bears.
Could be a Turning Point from the Deep Blow of Bears.
EUR/USD starting its Journey towards Sky.
Doji Friends tells that NEWS is playing some Dance in EUR/USD.
The Steps shows that the Jerks made by Price Action.
There is a Recent War happened for 9 Days.
During the War Bears won the Battle and Decided to give some Pain to the Bulls.
Then at last DragonFly Doji Formed and tells Bears to sleep for a while.
Overall Strength Bullish. (May 31)
NEWS Could play a Role.
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EUR/USD Signal (May 20)EUR/USD is Currently surfing the whole FOREX Markets above.
ADX is currently in a Good Level.
Price Action is building up Momentum
My developed indicator shows a (+ve) signal.
Expected Green Light Today FX:EURUSD . (MAY 20, 2021)
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